Healthcare Finance News February 24, 2020
Jeff Lagasse

In total, 245 individual insurance carriers took part in federal and state exchanges during the 2019-2020 plan year, offering consumers more choice.

Even as the ultimate fate of the law remains uncertain, the Affordable Care Act has shown that its insurance marketplace is still going strong. Insurer participation in the ACA rose in 2019 following three straight years of decline, finds a new analysis by McKinsey and Company.

In total, 245 individual insurance carriers took part in federal and state exchanges during the 2019-2020 plan year. In 2018-2019 that number was only 218; and in 2017-2018 it was lower still, at 194.

What this means is that consumers are being offered more choice, as the number of counties with just...

Today's Sponsors

Venturous
Got healthcare questions? Just ask Transcarent

Today's Sponsor

Venturous

Continue Reading

 
Topics: ACA (Affordable Care Act), Govt Agencies, Insurance, Patient / Consumer, Payer, Provider, Public Exchange
Related Articles:
In Their Own Words Marketplace Enrollees Would Struggle to Afford Premium Hikes If Congress
Trump administration targets ACA 'program integrity' with new rule, slashes navigator funding
CMS cuts funding to ACA Navigator program
Eliminating the ACA Medicaid Expansion Match Could Reduce Total Medicaid Spending by Up To $1.9 Trillion Over 10 Years and End Coverage for 20 Million People
GOP calls for $1.5T in cuts, much of which could come from healthcare

Share This Article